Working on your business rather than in your business is a challenge many owners have come to face. With the emergence of the coronavirus pandemic, many businesses have been firefighting to operate within the government guidance and continue serving their customers.
However, as we move into the recovery phase, businesses should begin to refocus on planning for the future. Reviewing and redefining your strategy can provide direction for the business and its employees can help you identify opportunities and barriers to growth and ultimately lead to business resilience and sustainability.
Moving away from a doing mindset
In order to work on your business, you will need to transition from a “doing” mindset which includes being involved in the day-to-day running of the organisation to a “delegating” one, involving overseeing operations whilst focusing on driving the company vision. By establishing and maintaining a clear strategic plan, the business will be able to successfully transition from the recovery phase to the growth stage.
Can I claim Business Interruption (BI) insurance for
The Supreme Court’s judgment in the Financial Conduct Authority’s (FCA)’s
BI test case will enable more SMEs to make successful claims and recover the financial losses incurred because of the pandemic.
Business Continuity Planning: Are you prepared for any eventuality?
Business Continuity Planning is a must for every business, especially in
light of the COVID-19 pandemic. Learn how to plan for the worst-case scenario and why asking ‘What if?’ is such an important question.
Advice and guidance on financial support available
Business Support Workshops and Webinars
Access a selection of videos, workshops and webinars to help you navigate the new economic environment and reshape your business strategy.
Help create a healthier, greener, smarter, more connected, more productive and overall better Greater Manchester